BROKERS CORNER

Welcome Professional Real Estate Brokers!

Strategic Asset Management and Sales seeks to forge partnerships only with Licensed Real Estate Brokers in selling and leasing of our real estate and bank-owned properties. Licensed brokers under the Professional Regulation Commission (PRC) of the Republic of the Philippines are welcome for accreditation.


BROKERS ACCREDITATION PROCESS

To become a Buena Mano accredited broker, present the original copies and photocopies of the following:

  1. Completely filled-out Broker’s Accreditation Form
    1.     For Individuals (Click here to download form)
    2.     For Corporate / Partnership (Click here to download form)
  2. Professional Regulation Commission (PRC) Real Estate Brokers Certificate
  3. Scanned Professional Regulation Commission (PRC) Real Estate Brokers License (ID) with three specimen signature
  4. Latest Income Tax Return (ITR) or Tax Identification Number (TIN) Card or BIR Form 2303
  5. Scanned valid government-issued ID ( e.g. passport, driver’s license, etc.) with three specimen signature
  6. AMLC Provisional Certificate of Registration and/or Certificate of Registration
  7. For Sole Proprietorship - updated DTI Registration and Business Permit

For non-individuals, the following additional documents are required:

For Corporation

  1. Latest GIS, SEC Registration, Articles of Incorporation and By-Laws
  2. Corporate Secretary's Certificate or Board resolution
  3. Latest Income Tax Return (ITR) / Audited Financial Statement / BIR Form 2303 ( Corp )
  4. Scanned valid government issued identification card with three specimen signature of all incorporators, Corporate Secretary and Authorized Signatory
  5. AMLC Provisional Certificate of Registration and/or Certificate of Registration

For Partnership

  1. Articles of Partnership and By-Laws
  2. Scanned valid government issued identification card with three specimen signature of all ipartners

Completed documents must be submitted for processing and approval to our Customer Care Desk at:

Strategic Asset Management and Sales (SAMS)
Ground Floor, BPI Buendia Center
360 Sen Gil Puyat Avenue
Makati City 1209

For Real Estate Brokers outside Metro Manila, you may coordinate with our Sales Officers at the Provincial Retail Loan Centers (RLC):

  • Dagupan RLC        
  • San Fernando RLC
  • Lipa RLC
  • Cebu RLC
  • Bacolod RLC
  • Iloilo RLC
  • Cagayan de Oro RLC
  • Davao RLC

Our Customer Care Desk shall be notifying you of your approved accreditation and to proceed with the signing of the Broker’s Agreement. Upon accreditation, you will then be part of our exclusive and valued broker-partners and sell Buena Mano properties.

 

EXPIRY OF ACCREDITATION

  • Co-terminus with the expiry of the PRC License

 

TERMINATION OF ACCREDITATION

  • Misrepresentation
  • Unauthorized use of our trade name (Buena Mano)
  • Accepting buyers referred by Unibankers or SAMS personnel
  • Shares or agrees or offer to share commissions To any Unibankers or SAMS personnel

 

BROKERS RESPONSIBILITY
Once a sale has been perfected, the Broker, in coordination with our Sale Support Unit, shall hable the following:

  • Payment of CWT / DST
  • Apply / Secure CAR
  • Payment of Transfer Tax and Business Tax (if any)
  • Secure new Title(s) and new Tax Declaration(s) transferred to buyer’s name
  • Secure Certified True Copy of cancelled Title

 

IMPORTANT: NO EXCLUSIVITY ON PROPERTIES

 

HOW TO SHOP FOR A PROPERTY

  1. Check our Buena Mano catalogue or visit our website for property listings.
  2. CALL US FIRST before your scheduled visit to check the important details of the property and if it is STILL AVAILABLE FOR SALE. You may also verify from us on the best way to get to the property. Our official business days/hours is Mondays to Fridays at 8:30am – 5:30pm.
  3. Visit your chosen property any day of the week, any time of the day. Most of our properties have caretakers who can assist you during your visit (except for condos and vacant subdivision lots which are under the watch of the respective condo corporation/subdivision homeowners’ association). For condos, you have to coordinate with us on where to get the keys.
  4. Get in touch with us thru:
    1. Call our Customer Hotline at +63 (2) 8580-3158
    2. Email us at BUENAMANO@bpi.com.ph
    3. Visit our Makati Main Office at Ground Floor BPI Buendia Center Sen. Gil Puyat Avenue Makati City 1209 or any of our SAMS offices in the provincial Retail Loan Centers

 

HOW TO SUBMIT AN OFFER

  1. Request a soft copy of the Offer To Purchase (OTP) form from our Customer Care Desk at buenamano@bpi.com.ph
  2. DULY FILLED-OUT AND SIGNED OTPs must also bear the date signed by both buyer and broker.
  3. Referred buyer must then access the online submission platform found on our website.
  4. Please ensure to give your complete name, contact number, and email address to your referred-buyers so they can encode the same in our online submission platform.
  5. It is important that your details are given to your buyers and be encoded in the online submission platform for us to fully recognize your referral.
  6. Originally signed OTP will only be submitted upon processing of your offer by the handling Sales Officer

All offers must be submitted your buyer thru our online platform found on our website. Starting February 14, 2022, at exactly 12:00 AM, Buena Mano will no longer accept Offers to Purchase (OTP) Forms via the traditional submission (email, fax, actual physical submission).

 

IMPORTANT POLICIES

AS IS – WHERE IS

  • Selling the property without warranties as to the condition or any aspect of the property except its right to sell the same
  • Buyers are solely responsible for examining and judging the property for their own protection

 

FIRST COME, FIRST SERVED

  • Offers to Purchase (OTP) are attended to in order that they are received without biases and preferences
  • Applies only to offers which are equal to or higher than our asking price

 

NO RESERVATION FEE required upon submission of Offer to Purchase

 

PROPERTY CLASSIFICATION

Green Tag, Yellow Tag, and Red Tag are the official branding/classification for our Buena Mano properties for sale (BM properties are color-coded for your easy reference):

Green Tag

  • Titles / Tax Declarations registered under the name of the bank
  • In possession
  • With For Sale signages
  • With authorized caretakers

Yellow Tag

  • Titles / Tax Declarations in process of consolidation
  • Titles with technical description errors, Reconstitution (Sec. 7 RA 26), Sec. 4 Rule 74
  • No possession of property (with former owner, tenants, or illegal settlers)

Red Tag

  • Pending court cases against the bank filed by the previous owner or 3rd party claimants
  • Titles with annotation/s, as to adverse claims or lis pendens

 

TAXES AND FEES

  • CWT computed using the Selling Price shall be for the account of the Seller. However, any amount of CWT that may be due that is in excess of the CWT determined using the Selling Price as basis shall be for buyer's account
  • Documentary Stamp Tax, Transfer Tax, Registration Fee and IT Fee are for the account of the Buyer plus notarial fee and processing fee

 

STANDARD POLICY ON PAYMENT OF TAXES AND INCIDENTAL FEES

  • Government may impose other taxes and fees that are not covered as per the computation sheet/schedule that will be given to you
  • Computations of taxes and fees are not final and are subject to change based on government-mandated rates or BIR rulings or computations prevailing or applied during the registration of the documents covering the transaction.
  • Transfer Tax should be paid within 60 days from date of notarization of Deed of Absolute Sale

 

MODE OF PAYMENT

  • Cash
  • Bank Loan/Financing - Through BPI subject to separate credit approval by the lending bank